Earn interest and get peace of mind knowing your funds are FDIC insured
At Mercantil Commercebank, our savings accounts let you earn interest, access funds and take advantage of all the benefits that come with online banking. Plus, you get the benefit of knowing your savings are insured by the FDIC. Pick a savings account that’s right for you and visit a Banking Center to open an account today.
MCB Savings
The simplest way to start saving or set aside money for a special occasion. If you have a checking account at Mercantil Commercebank, you’ll want to use this savings account for overdraft protection to ensure you have the necessary funds available to write checks, make withdrawals and use your VISA® Check Card to make purchases.
- $50 minimum opening balance
- Up to 6 withdrawals or transfers per statement cycle. Otherwise, a fee of $3 per transaction applies.
There’s never a monthly service fee if you:
- maintain a $300 minimum average balance
for the quarter
- link the account to any MCB personal checking
account through a Visa Check Card
Otherwise, a $15 monthly service fee applies.
For account information and fees click here.
MCB Money Market
Earn higher returns on higher balances and get the flexibility
of writing
a few checks or making a few withdrawals
each month.
- $100 minimum opening balance
- Up to 6 withdrawals or transfers per statement cycle. Otherwise,
a fee of $10 per transaction applies.
There’s never a monthly service fee if you:
- Maintain a $5,000 minimum average balance for the statement cycle
OR
- Maintain $25,000 in combined average loan and/or deposit accounts balances for the statement cycle. (Credit card balances are excluded)
Otherwise, a $25 monthly service fee applies.
For account information and fees click here.
Certificates of Deposit
Open an account with as little as $1,000 and guarantee a fixed rate of return. Interest rates – guaranteed for the CD term - vary from 30 days to 60 months.
You also get free online banking to make it easy for you to regularly check interest earned and total balance. Visit a Banking Centers to get current rates.
Learn more.
Save for Retirement with an IRA
Mercantil Commercebank has a variety of IRAs to help you lock in a competitive rate and earn a predictable return with little to no risk that are FDIC-insured.
Learn more.
Rev.: February, 2010 | Back to top |
